Ethereum L2s surpass record $51B TVL after 205% yearly growth
    29 Nov 2024
    65 Views

    The Ethereum ecosystem is seeing increasing value growth, showing more investor interest in Ethereum-native assets. Ethereum layer-2 (L2) networks have reached a new all-time high of more than $51.5 billion in cumulative total value locked (TVL). This marks an over 205% increase in cumulative TVL, from just $16.6 billion in November 2023, L2beat data shows. L2…

    Hong Kong proposes tax breaks to attract crypto hedge funds, investors
    29 Nov 2024
    61 Views

    Hong Kong has proposed exempting cryptocurrency gains from taxes for hedge funds, private equity and family investment vehicles to strengthen its position as a leading crypto financial hub. The proposal, currently open for a six-week consultation, also includes exemptions for investments in private credit, overseas property and carbon credits, according to a report by the Financial Times….

    Cardano founder predicts Bitcoin DeFi will dominate crypto within 3 years
    29 Nov 2024
    71 Views

    Cardano founder Charles Hoskinson said decentralized finance in the Bitcoin ecosystem will eclipse all other crypto DeFi within two to three years. He touted the potential for Bitcoin DeFi while making a bold price prediction and highlighting a new model for bridging Bitcoin without using centralized exchanges. “I started in the Bitcoin space and I…

    Blockchain protocols aim to break up digital advertising cartel
    28 Nov 2024
    66 Views

    For decades, product developers have needed to go through tech giants like Facebook, Google, Instagram and TikTok to market their products. If they didn’t pay up, they wouldn’t be able to reach their audience. This traditional, centralized advertising industry is expected to generate over $1 trillion in revenue in 2025, according to a report from Axios. At…

    Paul Atkins emerges as leading candidate for SEC chair
    28 Nov 2024
    63 Views

    Former United States Securities and Exchange Commission (SEC) Commissioner Paul Atkins has emerged as the leading candidate to chair the agency under President-elect Donald Trump’s new administration. Atkins is known for his pro-innovation stance and crypto expertise and is said to be capable of “returning the agency to the so-called ‘gold standard,’” according to an…

    There’s more to Bitcoin than its price: Early dev shares BTC’s ‘new permutation’
    28 Nov 2024
    136 Views

    Since its global debut on Oct. 31, 2008, Bitcoin has grown from a whimsically ambitious idea to an asset with a multitrillion-dollar market capitalization that is reforming how financial institutions view money. Despite its nearly unbelievable journey from a mere idea to catalyzing a revolution within finance, many people say there is much more that…